Amazon dropshipping has slowly become one of the top profitable ventures as it made almost $300 billion in sales in 2019. That is why it is no surprise that everyone wants to know how to dropship on Amazon without money. Of course, you may not need money, but you still need to know how it works.
So, if you want to know how to legally dropship on Amazon and make money, you have come to the right place. Here is your complete guide.
Benefits Of Dropshipping On Amazon
Before we move on to how you can use dropshipping to make money, you must know the top benefits of dropshipping on Amazon. These include:
- Reach To A Wide Audience
The best part about dropshipping on Amazon is that your business is visible to over 300 million active users. Because of this, you can become a recognizable brand in no time. That is why it is the best place to begin your ecommerce journey.
It will allow you to start your ecommerce journey on the right foot as you get to sell to a huge audience. So, your profit margins will also be great as you can reach many people in no time.
2. No Warehouse Cost
When you start dropshipping on Amazon, the company offers its fulfillment centers. You can use them to complement your products without dealing with warehousing, packing, shipping, and more. So, you will not have to factor in warehouse costs when selling your items.
Because of this, your total cost will also be lower. That means you can easily begin dropshipping on Amazon without any money or investment. In addition, it will help you focus on other costs that you may incur during this process.
3. Saves Time
Besides saving your cost, dropshipping on Amazon will also help you save money. That is especially true for Amazon dropshipping vendors who sell a significant product quantity. Once you save this time, you can utilize it to focus on other aspects of your dropshipping venture.
That includes marketing and other efforts to grow your venture and increase your audience even further. So, if you are looking to save time and money through your ecommerce business, opting for dropshipping on Amazon is the best choice for you.
Is Dropshipping On Amazon Worth It?
By now, you might be wondering, "Is dropshipping on Amazon worth it?" Yes, it is, and you can get a lot out of it if you start on the right foot. First, however, keep in mind that you must-have products from the supplier in your inventory to begin your dropshipping process.
Besides that, you can easily begin your dropshipping venture on Amazon. Once you do, you will find it an excellent option that will help you boost sales in no time.
How To Start Dropshipping On Amazon With No Money
Do you wonder, "Are you allowed to dropship on Amazon?" Well, you are allowed, and you can do it without any money. Here are the top steps you need to follow if you want to know how to make dropshipping on Amazon:
1. Select Your Ecommerce Platform
Recently, Amazon and Shopify have become partners, which is why you can sell on Amazon using Shopify. It allows you to use the Amazon sales channel to track your orders and products along with:
- Linking Amazon and dropshipping listings to your Shopify
- Creating and managing offers for products on Amazon
- Creating listings for new Amazon dropshipping products
- And much more
If you don’t have a Shopify store, be sure to opt for their two-week trial. It will allow you to begin Amazon dropshipping today.
- Create The Amazon Seller Account
Now that you have chosen Shopify, it is time to create an Amazon seller account. Be sure to sign up and include all the relevant details of your business, such as tax information, address, and more. It will only take you a few minutes to execute this step.
- Wait For Approval For Your Product Category
To begin your dropshipping venture, you will need approval from Amazon for certain product categories. These include jewelry, music, fashion, grocery, and much more. You will have to submit a request for approval for such categories.
Keep in mind that you must research the most profitable dropshipping categories on Amazon before beginning your venture. Then, it will allow you to sell the right products that will benefit your dropshipping business.
4. Connect To Your Shopify
Now that you have created a seller account and its approval is done, you can connect your Amazon and Shopify. It will allow you to use both platforms together and enjoy the best of both worlds. You will have to update your sales channel during this process to ensure everything is done accurately.
- Create Your Product Listings
You must remember that your dropshipping products will not automatically list on Amazon after updating the sales channel. You will have to manage your Amazon listings with Shopify. To do this, you will have these options:
- Link Shopify to the current Amazon listings
- Create a new listing for a new product on Amazon
- Create an offer for an item you already sell on Amazon
You must opt for products with low competition and high demand as a beginner. Doing this will enable you to capture a market that you can become known for as your journey continues. After all, you don't want to enter an already saturated market as it means fewer sales for you.
6. Sync Your Inventory With Amazon Sales Channel
The last step of how to dropship on Amazon without money is to sync the inventory with the Amazon sales channel. Shopify can automatically update your Amazon listing to match the inventory of products in your Shopify admin. If you want to sync your inventory on Amazon, you can use the inventory tracking settings for each product variant to sync with Amazon.
If you don’t know how to change this setting, you can do it through the product detail page on Spotify. Once you do, you can begin selling and syncing your products in no time.
How To Make Money Dropshipping On Amazon?
Now that you know how to begin dropshipping, you might be wondering how to make money dropshipping on Amazon.
1. Find The Best Profitable Categories
There are endless product categories on Amazon, which is why it is crucial to select the most profitable one for your dropshipping venture. That is where your research comes in, as you will have to do your homework to understand what categories do well. However, if a category does well, and there are a lot of reputable brands, it will not make sense for you to begin there.
As a beginner, you need to sell a product in a profitable category with low competition and high demand. Finding such a category means maximizing your revenue and building a reputable brand in that category. So, start on the right foot.
2. Factor In Your Costs
Be sure to consider all the costs that come with running your dropshipping costs. This idea will help you set prices that offer you the best profit margin while being fair to customers. It will also help you to research the prices your competitors are offering.
After all, if you need to know how to dropship on Amazon without money, you will need to keep up with the costs as your business succeeds. It will help you keep better profit margins.
- Ensure You Have Positive Reviews
Customer experience is key for all businesses to do well. That is why you must focus on it to receive good reviews on the products you offer. When people research on Amazon, they always look at the reviews to decide if they will buy the product or not. So, be sure to have good reviews to increase sales.
Select SaleYee As Your Amazon Dropshipping Partner
Now that you know everything about how to legally dropship on Amazon, you must select a platform to partner with. SaleYee is one of the top dropshipping platforms that offers thousands of profitable SKUs. Besides that, they have local warehouses globally, which means free and fast delivery for your customers.
The customer support is also responsive and will help you as soon as possible if you have a query. Because of this, you will have an excellent partner during your Amazon dropshipping venture to increase your sales and revenue. So, be sure to make an informed decision.
Final Words
That was your complete guide on how to dropship on Amazon without money. Follow these guidelines, and you will soon have a profitable dropshipping venture on Amazon. Keep in mind that you will have to work on it consistently by dedicating your time and effort to turn it into a profitable venture.
During this journey, don't forget to select SaleYee as your top dropshipping partner. With their platform, you can sell the best Amazon products in no time.